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Positive-Gamma
High-Yield BWB
A directional broken-wing butterfly for slow positive-gamma drift.
Credit Spread
A directional defined-risk fade when a key positive-gamma level is expected to hold.
Iron Condor
A range capture play for stable markets without a single dominant magnet.
Double Diagonal
A volatility crush play using a short 0DTE straddle and longer-dated insurance.
Iron Butterfly
A defined-risk premium capture play for positive gamma pinning environments.